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Opportunity for Investors in Northern Cyprus!

Northern Cyprus is a magnificent region called the pearl of the Mediterranean and offers countless opportunities for investors. With its unique beauties, attractive tax advantages and growth potential, Northern Cyprus has become an ideal place to invest for many people.


Geographical Location: Northern Cyprus is located in a strategic position in the southeast of the Mediterranean. This location provides advantages in terms of trade, tourism and transportation.

Tourism Potential: Northern Cyprus attracts tourists with its historical riches, beautiful beaches and natural beauties. This offers a potential for investments in the tourism sector.

Attractive Tax Advantages: Northern Cyprus has become attractive for the business world by providing tax advantages.

Yüz Türk Lirası
Yüz Türk Lirası

Real Estate Investments

  1. Real Estate Investments: Northern Cyprus has become a favorite of many tourists with its stunning beaches, historical sites and warm climate. This means that real estate investments have great potential. Real estate projects, especially luxury villas, resorts and apartments, offer significant returns for investors.

  2. Tourism and Hotel Management: Northern Cyprus is a highly developed region in terms of tourism. It attracts many tourists with its historical and culturally rich regions and beautiful beaches, where English is widely spoken. This offers great potential for investing in the tourism and hotel management sector. Tourist facilities such as hotels, resorts or restaurants can be a profitable option for investors.

Education and Student Housing

  1. Education and Student Housing: Northern Cyprus is a preferred destination for international students from many countries to study. The region, where many universities are located, offers high-quality education opportunities. This offers great opportunities to those who want to invest in student housing and the education sector.

  2. Agriculture and Food Production: The climate and soil structure of Northern Cyprus provide favorable conditions for agriculture and food production. In addition to products such as olives, grapes and citrus fruits, organic agriculture is also developing. Investments in this area can both meet local consumption and have export potential.

Tekerlekli sandalyede kız

Alternative Energy Sources

  1. Alternative Energy Sources: Northern Cyprus has a great potential in terms of alternative energy sources such as solar energy and wind energy. Investments in this field can contribute to environmentally friendly energy production and play an important role in meeting energy needs.

  2. Northern Cyprus attracts attention with the opportunities it offers for investors. However, it is important to pay attention to local regulations and legal requirements when making your investments. Seeking professional advice and conducting market research are essential elements of a successful investment.
    You too can take a step to benefit from the fascinating atmosphere and investment potential of Northern Cyprus. Discover the advantages of investing in Northern Cyprus now and step into a successful investment journey!

Güneş Enerjisi İstasyonu

Investment Opportunity

Onur Investment, gayrimenkul sektöründe uzun yıllara dayanan tecrübesi ve geniş portföyü ile bilinen bir yatırım firmasıdır. Kıbrıs'ta çeşitli emlak projelerine yatırım yaparak müşterilerine yüksek getiri sağlayan fırsatlar sunar.

Investment Opportunity Cyprus

  1. Real Estate and Construction: Cyprus has a great potential in the real estate and construction sector. There are investment opportunities such as housing projects, holiday villages and business centers, especially in big cities such as Larnaca, Limassol and Famagusta. High quality residential units and modern commercial buildings offer an attractive option for both local and international investors.

  2. Education and Research: Cyprus is home to high quality educational institutions. The country's universities offer students a wide range of undergraduate and postgraduate programs and offer attractive educational opportunities to international students. Investing in the education sector offers great potential in areas such as new campuses, accommodation facilities and other educational services.

  3. Tourism and Hospitality: Cyprus is a popular destination for tourists with its beautiful beaches, historical sites and vibrant culture. The tourism industry is divided into a number of subsectors such as hotel management, restaurants, entertainment facilities and travel agencies. Investors have great potential in projects aimed at improving tourism infrastructure or developing tourist facilities.

  4. Renewable Energy: Cyprus is an island with renewable energy sources such as solar energy and wind energy. The government provides incentives for renewable energy projects in the energy sector. Therefore, investing in solar power plants, wind farms and other renewable energy projects is an important opportunity for both environmental sustainability and energy independence.

  5. Financial Services: Cyprus has become an important center in the financial services sector. Many international companies operating in fields such as banking, insurance, investment funds and asset management have opened offices in Cyprus. Investing in this area means benefiting from the growing financial sector and benefiting from the advantages of Cyprus.

  6. Cyprus continues to be an attractive destination with the investment opportunities it offers in different sectors. However, it is important to carefully research local legal regulations and investment conditions before making your investments. Additionally, it may be useful to consult a local consultant, ONUR INVESTMENT, who is familiar with the local business world and market conditions.

Investment Opportunity
Investment Opportunity

Conditions and Necessary Procedures for Buying a House in Cyprus

Advantages of Buying a House in Cyprus;
With its holiday resorts, historical riches, nature and entertainment opportunities, Cyprus is increasing the number of tourists day by day. Rich hotel options, famous beaches, and sunny weather almost all year round make Cyprus privileged.

Cyprus, which is gaining value every day with its infrastructure investments, attracts students with the new schools opened.

Being very close to Turkey, high living standards and advantageous prices make Cyprus an ideal region to live and invest.

Cyprus, one of the countries where it is easy to adapt, is one of the first choices of those who want to establish a peaceful and stable life.

Cyprus, which we can define as the cheapest island in the Mediterranean, is also a good alternative for those who do not have enough budget to obtain a golden visa.

On the other hand, the many schools that provide professional English education in Cyprus make this place a unique opportunity for students.

All these are very logical reasons for those considering buying or renting a house in Cyprus. On the other hand, since Cyprus is a place where real estate is constantly gaining value, it remains at the center of attention of investors.

So how to buy a house in Cyprus? What conditions must be met for this?

How much is property tax in Cyprus?
Here, you have to pay withholding tax from the rental income of the house you buy. The amount of this is determined as 10%. For real estate, there is no separate income tax.

The Double Taxation Avoidance Agreement applies between Türkiye and Northern Cyprus. Therefore, you do not have to pay any additional tax in Turkey for the income you earn in Cyprus.

When you want to sell the property you own, the transaction is made based on the Municipal Market Price. Even if the profit is above this amount, the withholding tax you will pay is still 10%. You will not be liable for extra income tax.

Annual property tax is 200 lira for detached houses and 100 lira for flats.

Cyprus Title Deed Types
In the Turkish Republic of Northern Cyprus, title deed is called 'cob'. The type of title deed is of great importance when buying a house in Cyprus. There are three different title deeds:

Allocation Deed
It is given to places allocated by TRNC. The buyer has the right to use that place. Banks do not allow mortgage loans for such deeds.

Equivalent Title Deed
These are title deeds issued within the framework of the İTEM Law. Those who transferred their abandoned real estate to TRNC ownership were given an equivalent property in the North. Both Cypriot and Turkish banks provide loans of up to 75% on these deeds.

Turkish Title Deed
The title deeds of the places that belonged to the British and the Turks before 1974 are called 'Turkish title deeds'.

Obtaining a Residence Permit in Cyprus
After the title deed is transferred, you can get a residence permit. This permit is valid for 1 year. You will need to renew this every year. After completing your 3rd year, you can apply for an indefinite residence permit in Cyprus.

If you are over 65 years of age, you can obtain an indefinite residence permit immediately after the title deed is transferred. If you want to spend your life here after retirement, there is nothing stopping you!

If you want to change from Turkish citizenship to TRNC citizenship, you must live in Cyprus for 11 years with a residence and work permit.

Things Those Who Want to Buy a House in Cyprus Should Pay Attention to
If the house you are buying is located in a newly built real estate project, check whether the company carrying out the construction and sales is local. Prefer the company to be local. Because these companies are more reliable as they have been doing real estate projects in Cyprus for years.

In order for the sales contract to have official validity, learn about the situations you may encounter during the title deed transfer and the stamp fee.

If you are looking for a house for sale in Cyprus for investment purposes, look for areas with high rental income.

Take the title deed types into account when examining the advertisements.

The most prominent cities in Cyprus in terms of real estate are; İskele, Nicosia, Famagusta and Kyrenia. Therefore, you may consider prioritizing these cities. But keep in mind that prices may be higher in tourist areas.

There should be no condition (e.g. mortgage) on the real estate you are purchasing that would prevent the sale.

Does the building you will invest in have a building permit and building permit? Learn this. Houses that are not built in accordance with the legislation and title deeds with two or more partners are likely to cause you problems.

If there is a tenant in the house you are buying and the rental agreement has not expired, review the agreement in detail. Be sure to check the monthly rental fee.

Learn about the transportation and other facilities of the region in detail during the home buying process. If necessary, you can try to explore the region by traveling, so that you can gain observation-based and comprehensive information.

Can I Buy a House in Cyprus?
Limited Turkish title deed options and the construction of more spectacular and high-quality constructions compared to the past increase real estate purchases in Cyprus.

Reasons such as its safety, warm climate, cheap social life, and low crime rate add to the appeal of Cyprus. Cyprus, which is among the first addresses of those who want to immigrate from Turkey, is seen as the gateway to a peaceful life. Since Cyprus house prices and rents are determined in British Pounds, this protects investors against exchange rate risk.

The depreciation period for purchased flats and other residences is between 8-15 years. Compared to big cities in many countries, Cyprus seems to be extremely advantageous in this respect. In addition, the opening of new universities in Cyprus; It seems that this will increase the demand for students to rent a house and for the academic staff who will work here to buy a house. This indicates that rents and real estate prices on the island will rise.

Conditions for Buying a House in Cyprus

First of all, TRNC is an independent state from our country. Therefore, non-Cypriots have foreign status. They have the right to buy only one real estate in the country.

Each member of the family can buy a real estate for themselves. For example, both of a married couple can buy real estate. Buying a flat or land by one of the parties does not eliminate the rights of his/her spouse.

If you want to purchase more than one property in your name in Cyprus for investment or for any other purpose, you must have a company with international capital. It is possible to buy as much real estate as you want for your company.

How does the process of buying a house in Cyprus work?

  • To purchase a house in Cyprus, a sales contract is first drawn up.

  • Then you pay your stamp duty. (You pay this to the finance department.)

  • Then, the sales contract must be recorded in the land registry within 21 days.

  • When the purchase approval is received from the Council of Ministers, the title deed transfer becomes final.

  • To purchase a house in Cyprus, a sales contract is first drawn up.

  • Then you pay your stamp duty. (You pay this to the finance department.)

  • Then, the sales contract must be recorded in the land registry within 21 days.

  • When the purchase approval is received from the Council of Ministers, the title deed transfer becomes final.

You can benefit from a 3% title deed fee exemption - once only. You can buy and sell a single property an unlimited number of times. On the second sale, a 6% title deed fee will be charged.

If you are not a Cypriot citizen, the review and approval process may take up to 12 months. For Turkish citizens, this period is between 15-30 days. Tax collection is carried out upon approval from the Council of Ministers.

İnvest in Cyprus

If you are considering investing in Northern Cyprus, you can find a great investment opportunity here. The island country offers an attractive destination for investors with its geographical location and economic advantages. The tourism sector of Northern Cyprus is growing rapidly and offers attractive opportunities for real estate investments, hotel projects and holiday villages. Additionally, agreements to avoid double taxation and low tax rates in Northern Cyprus provide tax advantages for businesses and investors. If you are considering making an investment for the future, you may want to consider these investment opportunities offered by Northern Cyprus.

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